Is BNB is at it's peak price?

[Rampagoe004]

Currently the development of BNB continues then I think this is not the end point of the current price of BNB, so if you still keep the coin then maintain it until it reaches the maximum price for this year, especially at this time of year BSC is in the investor environment that is replacing the free ethreum is very high, then rest assured for the future BNB will continue to grow and rival the current price of ethreum.

[bitjoin]

Currently the development of BNB continues then I think this is not the end point of the current price of BNB, so if you still keep the coin then maintain it until it reaches the maximum price for this year, especially at this time of year BSC is in the investor environment that is replacing the free ethreum is very high, then rest assured for the future BNB will continue to grow and rival the current price of ethreum.

Holds are the best things trader do, BNB prices continue to be pump after the development team carried out the arson some time ago. In 2021 the prestige of BNB will increase dramatically, this is due to the increasing public trust in BSC, the BSC platform plays an important role in the rising price of BNB, moreover, BSC gets full support from new project developers because of the low transaction fee.

[brooksby]

Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?

You must keep them for a long term.  BNB had gone through that pump and dump stage.  With the creation of BSC, it offers innovation on the market.  With its cheap transaction fee, and many projects shifting and created in BSC network, I think you got yourself a gem simply by holding BNB.  It is very promising at this point so rather than waiting for the pump, it is best to wait for the BNB market to establish its price as time goes by.  

When did that pump and dump stage that you mention here happen? BNB wasn't really a pump and dump in the classical sense that we all know it. BNB is based on long-term and ambitious development. Quite the opposite of a pump and dump.

[matchi2011]

Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?

You must keep them for a long term.  BNB had gone through that pump and dump stage.  With the creation of BSC, it offers innovation on the market.  With its cheap transaction fee, and many projects shifting and created in BSC network, I think you got yourself a gem simply by holding BNB.  It is very promising at this point so rather than waiting for the pump, it is best to wait for the BNB market to establish its price as time goes by.  

When did that pump and dump stage that you mention here happen? BNB wasn't really a pump and dump in the classical sense that we all know it. BNB is based on long-term and ambitious development. Quite the opposite of a pump and dump.

Agree to that, BNB is more on developing and with the ambitious mindset of the developing team behind this coin the movement is
according to how the success from each stages.

Long term valuable asset not just because the value is really huge now but the very chance  that it will proceed for more rise and
profitable to all supporters that will hold this asset.

[slaman29]

Binance is the biggest crypto exchange on earth and BNB is enormously undervalued. I personally think there's not really any bad time to purchase this one. In the event that anybody wish for a long term Hold it's good investment. It's very much doable BNB going to hit $1k this year. They have a NFT market coming out, simply think about what might occur if this trending things comes live at Binance market.

I don't know about undervalued. I mean, yes, BNB is popular now, yes it seems to have really flown with defi (but not really with NFT) but only on the single basis of "cheaper than ETH".

When it comes to real dapps and real utility, which is essentially next to nil, I would have to say $600 is a lot of money for what is really just a gas-paying token for Defi.

[meysonYo]

Binance is the biggest crypto exchange on earth and BNB is enormously undervalued. I personally think there's not really any bad time to purchase this one. In the event that anybody wish for a long term Hold it's good investment. It's very much doable BNB going to hit $1k this year. They have a NFT market coming out, simply think about what might occur if this trending things comes live at Binance market.

I don't know about undervalued. I mean, yes, BNB is popular now, yes it seems to have really flown with defi (but not really with NFT) but only on the single basis of "cheaper than ETH".

When it comes to real dapps and real utility, which is essentially next to nil, I would have to say $600 is a lot of money for what is really just a gas-paying token for Defi.

A very interesting train of thought. If $ 600 is already a lot for BNB, then what do you think about the price of Ethereum and Bitcoin? Isn't $ 3k for ETH and $ 60k for BTC not a lot of money Of course, this is a lot of money, but these assets now have such a price, and there are a lot of buyers even with such a price. Therefore, I think that BNB is even underestimated in comparison with ETH and BTC)

[LUCKMCFLY]

Yesterday BNB has resumed an impressive bullish trend, ETH and BNB are showing a very good face to the cryptocurrency market in general, of course BTC has shown a huge recovery for the bulls, and BNB has also done the same, which The goal is to reach 808USD, for now what is sought is that it does not fall below the level of 639USD, anything can happen, you just have to wait, but the outlook is good:

If the bulls can sustain the price above $639, the BNB/USDT pair could start its journey toward the pattern target at $808.57.

Contrary to this assumption, if the bulls fail to sustain the price above $639, the bears will try to pull the price down to the 20-day EMA ($552). A bounce off this support will keep the uptrend intact.

Source: https://cointelegraph.com/news/price-analysis-5-3-btc-eth-bnb-xrp-doge-ada-dot-uni-ltc-bch

[slaman29]

I don't know about undervalued. I mean, yes, BNB is popular now, yes it seems to have really flown with defi (but not really with NFT) but only on the single basis of "cheaper than ETH".

When it comes to real dapps and real utility, which is essentially next to nil, I would have to say $600 is a lot of money for what is really just a gas-paying token for Defi.

A very interesting train of thought. If $ 600 is already a lot for BNB, then what do you think about the price of Ethereum and Bitcoin? Isn't $ 3k for ETH and $ 60k for BTC not a lot of money Of course, this is a lot of money, but these assets now have such a price, and there are a lot of buyers even with such a price. Therefore, I think that BNB is even underestimated in comparison with ETH and BTC)

You missed my point then. Compare ETH to BSC in terms of utility, because that is the only reason people would buy either (again as I said, other than for speculation or trading).

Right now you ONLY use BNB for Defi or nft on pancake etc. ONLY.

Before Defi came already ETH also was used a lot as a currency, and for thousands of other dapps, both gaming and regular utility dapps in business and still is.

When defi dies down and nft cools (it actually already has btw), then what?

You're still thinking about them all as equal trading assets but think about the underlying value.

[LUCKMCFLY]

Following the BNB movement today it turns out to be a great winner, as it has risen by 5%, joining the winning altcoins with a similar percentage, such as ADA, however the price is oscillating between 648USD-650USD, many expect a good take off to new highs, however the price of Bitcoin has remained lateral in its short-term behavior, I think that should be expected, have some patience when investing, although the volume of negotiations is considerable, it may already be this is a good time to get BNB, I feel that it is still missing, but here is the analysis of an interesting article:

Binance Coin (BNB) is trading similarly to Cardano (ADA), with bulls coming back to the resistance zone after a slight drop. The trading volume is low, which means that buyers are accumulating power for a breakout of the peak around $700. In this case, the mark of $750 might be achieved within the nearest days.

Source: https://u.today/btc-eth-xrp-ada-and-bnb-price-analysis-for-may-5

[Cherylstar86]

Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?

We don't know yet what will be the future of bnb, because that would be a huge explosion once users and holders would boom in the future. Just like eth and other promising assets, bnb also has the capability to reach what milestones they had. As a trader with wide imaginations, I preferred holding this asset rather that dumping them for nothing.

[oleg17]

Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?

We don't know yet what will be the future of bnb, because that would be a huge explosion once users and holders would boom in the future. Just like eth and other promising assets, bnb also has the capability to reach what milestones they had. As a trader with wide imaginations, I preferred holding this asset rather that dumping them for nothing.

At the very least, the BNB should break away from the Doge in their race for the third position in the rankings. Therefore, in the case of the growth of the Doge, the next in growth will probably be the BNB. And I am sure that the goal of 1k $ for him in this cycle is quite an achievable goal!

[LUCKMCFLY]

New update for BNB, the price continues to be maintained but with a great optimistic vision, that is, now when looking at the volume, sales have dropped and purchases have increased, this gives recognition that it is likely to grow even more in price, when there are more purchases means that the bulls are in the market defending their positions:

Binance Coin (BNB) keeps looking bullish as it remains above the vital level of $638. The selling volume is low, which means that buyers continue dominating. That is why bulls might get back the rate of the native exchange coin to the resistance at $680 within the next few days.

Source: https://u.today/btc-eth-bnb-and-1inch-price-analysis-for-may-6

[Stedsm]

New update for BNB, the price continues to be maintained but with a great optimistic vision, that is, now when looking at the volume, sales have dropped and purchases have increased, this gives recognition that it is likely to grow even more in price, when there are more purchases means that the bulls are in the market defending their positions:

--snip--

I believe that BTC needs to be watched out this week as its dominance fell down under 50 which is very critical and if it falls, it will surely pull every alt down. But if it ranges between 500-1000 points there, then there are very high chances of alts outperforming BTC. BNB is being accumulated every time it sees a dip and I believe that there's a dip every weekend, so let's just wait and see if it does come down to its support and then buy it.

[LUCKMCFLY]

New update for BNB, the price continues to be maintained but with a great optimistic vision, that is, now when looking at the volume, sales have dropped and purchases have increased, this gives recognition that it is likely to grow even more in price, when there are more purchases means that the bulls are in the market defending their positions:

--snip--

I believe that BTC needs to be watched out this week as its dominance fell down under 50 which is very critical and if it falls, it will surely pull every alt down. But if it ranges between 500-1000 points there, then there are very high chances of alts outperforming BTC. BNB is being accumulated every time it sees a dip and I believe that there's a dip every weekend, so let's just wait and see if it does come down to its support and then buy it.

I think the same, as the low dominance is much better BNB, of course the dominance of Bitcoin has been fluctuating a lot, when we look at some altcoins you can see that some altcoins do better than others, the advantage that BNB now has is which is very well supported by its CEO, and the low fees that have been the engine for many traders and casino players to make withdrawals with BNB, these facilities are the ones that make the most demand and believe more in BNB when BTC has drops.

The dominance currently oscillates in:


Source: https://www.tradingview.com/symbols/CRYPTOCAP-BTC.D/

[BuNga_cute]

Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?

We don't know yet what will be the future of bnb, because that would be a huge explosion once users and holders would boom in the future. Just like eth and other promising assets, bnb also has the capability to reach what milestones they had. As a trader with wide imaginations, I preferred holding this asset rather that dumping them for nothing.

At the very least, the BNB should break away from the Doge in their race for the third position in the rankings. Therefore, in the case of the growth of the Doge, the next in growth will probably be the BNB. And I am sure that the goal of 1k $ for him in this cycle is quite an achievable goal!

When comparing BNB to Dogecoin, of course I would choose BNB without a doubt. Moreover, BNB's ranking is superior to Dogecoin on coinmarketcap
sites, BNB also has clear uses. And what makes me optimistic that BNB is worth buying is that BNB has quite strong fundamentals. So the current
price of BNB is not yet at its highest peak, but BNB can still go up even higher. The $ 1000 target is very reasonable to be achieved by BNB.
Therefore, don't sell BNB at the current price, better off HODL up to $ 1000.

[Zemomtum]

BNB will surpass $1000 in no time with the announcement of burning the tokens allocated to the team, which is huge off the market and will make it scarce the more and the end result in an increase in price. Besides, the average execution time is much faster than that of Ethereum and the gas fee is negligible.

[Botnake]

BNB will surpass $1000 in no time with the announcement of burning the tokens allocated to the team, which is huge off the market and will make it scarce the more and the end result in an increase in price. Besides, the average execution time is much faster than that of Ethereum and the gas fee is negligible.

I would not be surprised anymore, there's no ceiling for BNB at the moment as it already surpasses our expectations. There's no hindrance on the rise of BNB as the altcoins market is so bullish, ETH reaches $3500 and soon will break in $4000, so it's not impossible for BNB to reach $1000.

Bullish trend now stays longer, it's quite different in the past, so more price increase is expected, especially for the most popular coins in the market.

[speedforce]

Who knows? But as far as i know many BNB locked in Binance for Trading discount and staking program.
Its mean that the supply in the market is not really huge while the demand keep increase, but who knows if suddenly many people unlock their BNB and rush the market to sold them.

[ningrum]

Who knows? But as far as i know many BNB locked in Binance for Trading discount and staking program.
Its mean that the supply in the market is not really huge while the demand keep increase, but who knows if suddenly many people unlock their BNB and rush the market to sold them.

That way if people open their BNB, of course the price will also increase,
because we know that supply in the market is limited and demand is also high,
despite all that I'm just trying to analyze let's see what happens next

[speedforce]

Who knows? But as far as i know many BNB locked in Binance for Trading discount and staking program.
Its mean that the supply in the market is not really huge while the demand keep increase, but who knows if suddenly many people unlock their BNB and rush the market to sold them.

if people open their BNB, of course the price will also increase

I dont understand the logic behind it, if people unlock their coin. Isnt it created a bigger supply? why its make price increase?